Finding a rock-solid dividend stock with a yield greater than 5% can be like finding a needle in a haystack. Companies with yields that high tend to be on the brink of having that dividend cut, or are in a business that is likely in a long-term decline. There are a few decent stocks among the rest of these investment duds, though. Companies in cyclical sectors like energy have been hit hard by Wall Street and the macroeconomic environment despite being great businesses...
Of all the companies with dividend yields greater than 5%, three companies that really stand out as great investments today are oil refiner HollyFrontier (NYSE:HFC), integrated oil and gas giant Total SA (NYSE:TOT), and oil and gas pipeline operator Enterprise Products Partners (NYSE:EPD).